2870 Montgomery Hwy Dothan, AL 36303-2606
This exceptional retail opportunity presents 2,998 square feet of newly renovated space within a vibrant Dothan, Alabama retail center. Located at the high-traffic intersection of Ross Clark Circle and Montgomery Highway (Hwy 231), this property benefits from a combined daily traffic count of 73,690 vehicles. The center is part of a thriving retail corridor, anchored by an Urgent Care facility and the Vitamin Shoppe, and situated near Wiregrass Commons, Shoppes on the Circle, and Northside Plaza. This is a redevelopment of an existing 11,500 square foot building, offering multiple tenancy options suitable for a variety of businesses, including optical, physical therapy, salon, dental, or restaurant uses. The property's prime location and high visibility ensure maximum exposure to a large customer base. This is an excellent chance to establish or expand your business in a high-demand area of Dothan, within a well-established and successful retail center. The address is 2870 Montgomery Hwy, Dothan, AL 36303, in Houston County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.